Final answer:
The final permissions for the file 'examfile' created by a user with a umask of 0534 will be ---r-----x, which corresponds to 0401 in octal form.
Step-by-step explanation:
When a user attempts to create a file in a Unix-like system, the system checks the umask to determine the file permissions that should be set. The umask acts as a set of permissions that the system will not set when a new file or directory is created. To determine the permissions of the newly created file, one has to subtract the umask from the default permissions.
The default permission for a file is 0666, which allows read and write access for the user, group, and others. The umask of 0534 is applied as follows:
Therefore, the final permissions for the file 'examfile' are ---r-----x or 0401 in octal form.